News Centre

Fitch Comments Further On Downgrade Of Spain To 'A' - Outlook Negative

Date 27/01/2012

Fitch Ratings is providing further comment on the rating actions it took earlier today on the Kingdom of Spain (Spain), where its long-term issuer default rating (IDR) was downgraded to 'A' from 'AA-'; Negative Outlook; and its short-term IDR was downgraded to 'F1' from 'F1+'.

Remarks Before The Domestic Trade Policy Committee Of The National Association Of Wheat Growers Winter Meeting, CFTC Commissioner Jill Sommers

Date 27/01/2012

As a proud Kansan, there is no place I would rather be today than speaking to a group of Wheat Growers. Thank you for inviting me today to discuss the bankruptcy of MF Global and the regulatory issues related to the protection of customer segregated funds.

TOM MTF Statistics Week 4 2012

Date 27/01/2012

Click here to download the weekly statistics update of TOM MTF for week 4 - 2012.

UK Government Publishes Financial Services Bill

Date 27/01/2012

The Government has today published legislation which will fundamentally transform and strengthen financial regulation in the United Kingdom, Financial Secretary to the Treasury, Mark Hoban, has announced.  The new regime sets out a clear, coherent and comprehensive regulatory framework, replacing the uncertainty and inadequacy of the previous structure, and helping to mitigate against future risks to stability.

Fitch Takes Rating Actions On Six Eurozone Sovereigns

Date 27/01/2012

Fitch Ratings has today concluded its review of the six eurozone sovereigns it placed on Rating Watch Negative (RWN) on 16 December 2011.

Speech By SEC Staff: Remarks At Joint News Conference To Announce RMBS Working Group - Robert Khuzami Director Of The SEC’s Division Of Enforcement

Date 27/01/2012

Good morning. Mortgage products were in many ways ground zero in the financial crisis.

Individual mortgages were pooled and sliced and diced into sophisticated securities that were a world away from the house, on a street, in a town somewhere in America where a family had realized their dream – the dream of buying a house they could call a home.

Remarks Before The American Bar Association, Committee On Derivatives And Futures Law, CFTC Chairman Gary Gensler

Date 27/01/2012

Good afternoon. I’d like to thank the American Bar Association’s Committee on Derivatives and Futures Law for inviting me to speak today. Thank you, Susan, for that introduction.

World Economic Forum Annual Meeting In Davos: European Central Bank’s Liquidity Measures Avert Major Credit Crunch In Europe

Date 27/01/2012

• Series of measures – including rate cuts and lending – undertaken ahead of 230 billion euros in bank bonds due in the near future
• European Central Bank is not yet satisfied with health of banking sector
• The theme of the 42nd World Economic Forum Annual Meeting is The Great Transformation: Shaping New Models. For more information, visit http://wef.ch/Davos

Remarks By José Manuel Durão Barroso President of the European Commission Ahead Of Monday's Informal European Council

Date 27/01/2012

On growth and smart fiscal consolidation:

"Growth is and has always been at the centre of the Commission's comprehensive response to the crisis. That is precisely what the structural reform agenda is about. But since structural reforms can take time to make their benefits felt, we have also put forward many ideas to stimulate growth in the short term, for instance by using EU funding more effectively to ease the credit squeeze on small businesses. I will propose to Member States to redeploy structural funds to boost growth and job creation even further."

World Economic Forum Annual Meeting In Davos: US Economy To Grow 2-3% In 2012, Says Treasury Secretary Geithner

Date 27/01/2012

• The United States economy this year will grow between 2% and 3%
• Despite positive growth, unemployment remains high, housing weak and household debt up
• New regulations are tough but positive for the economy in the long term
• The theme of the 42nd World Economic Forum Annual Meeting is The Great Transformation: Shaping New Models. For more information, visit http://wef.ch/Davos